Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024.
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Research Suggests Tether Sentiment Could Provide Chance for Manipulation
New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22.Sentiment correlation with market capAugmento notes that Tether sentiment does not appear normal.…
Crypto Biz: SBF’s newest Excel spreadsheet reveals all
Large enterprise businesses spend tons of money keeping track of their financial dealings — think accountants, financial analysts, consultants and enterprise-grade accounting software. Sam Bankman-Fried, meanwhile, used Microsoft Excel. On Jan. 17, in another sloppy Excel spreadsheet, SBF revealed that FTX US was solvent. The Excel file purportedly showed customer balances, bank deposits and assets held…
Bitcoin needs to breach $70K, ETH $4K, for altseason start: Arthur Hayes
Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes.
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days
Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.
Bitcoin’s price correction may not be over, on-chain data analysts warn
A bigger Bitcoin pullback or a consolidation might follow, analysts say, as the risk of whale sell-off remains. 4278 Total views 15 Total shares Analysts say a larger Bitcoin (BTC) price pullback or a consolidation period could occur. The two factors that could trigger more downside include increasing whale activity and short-term resistance.Bitcoin whale watchingAs…
Binance’s US Trading Platform to Introduce Staking Rewards
Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce stacking rewards in February.According to an announcement published by Binance.US on Jan. 29, staking rewards will be made available for Algorand (ALGO) and COSMOS (ATOM) starting next month.Staking support for more coins to comeFurthermore, the exchange announced plans to add other Proof-of-Stake…
Gene Simmons says he’s added $300K of Cardano to his bags
Kiss bassist Gene Simmons has again taken to Twitter to shill his crypto holdings, claiming to have now invested in Cardano. 1460 Total views 17 Total shares The iconic bass player of rock band Kiss and recent recruit to Elon Musk’s “Dogecoin army,” Gene Simmons, has announced a six-figure investment into Cardano (ADA).On Feb. 19,…
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.